Data as of .
DDFZ vs JUNW: which one stands where?
As of Sep 21, 2026 JUNW can fall 2.7% before its buffer engages and DDFZ 2.5%, and JUNW resets 2 days sooner.
These are two different products. JUNW is a floor fund, which caps how far a holder can fall. DDFZ is a buffer fund, which absorbs the first part of a fall and leaves everything below it with the holder.
Where each one stands today
JUNW resets first, on May 31, 2027, 250 days from now; DDFZ runs to May 31, 2027, 252 days. DDFZ can still gain 7.9% before its cap, JUNW 9.1%. A fall from here reaches DDFZ’s buffer after 2.5% and JUNW’s after 2.7%. Both track SPY, so what separates them is where each is in its own period.
Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.
Performance, window by window
| Window | Total return | Gap to the reference | ||
|---|---|---|---|---|
| DDFZ | JUNW | DDFZ | JUNW | |
| 3 months | +1.9% | +1.5% | −0.4 pts | −0.8 pts |
| 6 months | not published | +5.0% | not published | −13.0 pts |
| 1 year | not published | +6.5% | not published | −10.1 pts |
| 3 years | not published | +34.4% | not published | −44.0 pts |
| DDFZ Innovator Equity Dual Directional 15 Buffer ETF - Jun Absorbs the first 15% of loss on SPY and caps the gain at 10.7%, over a period ending May 31, 2027 | JUNW AllianzIM U.S. Equity Buffer20 ETF - Jun Absorbs the first 20% of loss on SPY and caps the gain at 12.0%, over a period ending May 31, 2027 | |
|---|---|---|
| Issuer | Innovator | AllianzIM |
| Reference index | SPY | SPY |
| Buffer | 15% | 20% |
| Outcome period | May 31, 2026 to May 31, 2027 | Jun 1, 2026 to May 31, 2027 |
| Days left | 252 | 250 |
| Starting cap | +10.7% | +12.0% |
| Can still gain | 7.9% | 9.1% |
| Fall before buffer | 2.5% | 2.7% |
| Protection left, index points | 15.0% of 15.0% | 20.0% of 20.0% |
| Index return this period | +2.3% | +2.3% |
| Fund return this period | +2.3% | +2.0% |
| State today | Open | Open |
| Expense ratio | 0.79% | 0.74% |
| Net assets | $152m | $379m |
DDFZ in plain words
From its price on Sep 21, 2026, the fund can gain about 7.9% more before it reaches its cap. The fund's price can fall 2.5% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 2.3% from today's level to the point where the buffer begins. Protection left, in index points: 15.0% of the 15.0% buffer still sits below today's SPY level. 252 days remained on Sep 21, 2026. On May 31, 2027 the period ends and a new cap is set.
JUNW in plain words
From its price on Sep 21, 2026, the fund can gain about 9.1% more before it reaches its cap. The fund's price can fall 2.7% from here before the buffer starts absorbing losses, by the issuer's figure. Protection left, in index points: 20.0% of the 20.0% buffer still sits below today's SPY level. 250 days remained on Sep 21, 2026.
Questions people ask
- Which has more room to gain, DDFZ or JUNW?
- From their prices on Sep 21, 2026, DDFZ can gain about 7.9% before its cap and JUNW about 9.1%, so JUNW has more room left this period.
- Which resets first, DDFZ or JUNW?
- DDFZ ends its outcome period on May 31, 2027 and JUNW on May 31, 2027. A new cap is set the day after each.
- Which is cheaper, DDFZ or JUNW?
- DDFZ charges 0.79% a year and JUNW charges 0.74%, so JUNW is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, DDFZ against JUNW, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/ddfz-vs-junw Free to use with attribution; the underlying files are at Open data.